Major imports, exports and the subcontinent’s world position
Business concepts
Meaning and characteristics of business
Business, profession and employment
Objectives of business
Industry types: primary, secondary and tertiary
Commerce: internal and external, wholesale and retail trade
Auxiliaries to trade
Business risk
Learning objectives
Classify an economic activity as business, profession or employment and identify its risks.
Labs for this chapter are on the way
We are building worlds, labs and stories for Evolution and Fundamentals of Business. Meanwhile, practise its questions or explore the rest of Commerce.